Assessing the Impact of Selected Attributes on Dwelling Prices Using Ordinary Least Squares Regression and Geographically Weighted Regression: A Case Study in Poznań, Poland

cris.virtual.author-orcid0000-0002-7073-4216
cris.virtual.author-orcid0000-0002-5894-0412
cris.virtual.author-orcid0000-0002-5811-8437
cris.virtualsource.author-orcid1c7205f0-6364-4fbc-81bd-1d237d88f79f
cris.virtualsource.author-orcid500b0a58-8164-48e6-bf77-2396576d871d
cris.virtualsource.author-orcid4001d30a-042b-42e3-95bc-a1e53e717712
dc.abstract.enThe price of dwellings is determined by a number of attributes among which location factors are usually the most important. Comprehensive analyses of the real estate market should take into account a broad spectrum of attributes including economic factors, physical, neighborhood and environment characteristics. The primary objective of the study was to answer the question of what determinants affect transaction prices within the housing market in Poznań. The analysis was performed on the basis of source data obtained from the Board of Geodesy and Urban Cadastre GEOPOZ in Poznań. In our study, we used two research regression methods: ordinary least squares and geographically weighted regression. The estimated models made it possible to formulate specific conclusions related to the identification of local determinants of housing prices in the Poznań housing market. The results of the study confirmed that the use of the proposed techniques makes it possible to identify attributes relevant to the local market, and, moreover, the use of spatial analysis leads to an increase in the quality of the description of the characteristics of the analyzed phenomenon. Finally, the results obtained indicate the diversity of the analyzed market and highlight its ambiguity and complexity.
dc.affiliationWydział Inżynierii Środowiska i Inżynierii Mechanicznej
dc.affiliationWydział Rolnictwa, Ogrodnictwa i Biotechnologii
dc.affiliation.instituteKatedra Melioracji, Kształtowania Środowiska i Gospodarki Przestrzennej
dc.affiliation.instituteKatedra Metod Matematycznych i Statystycznych
dc.contributor.authorChwiałkowski, Cyprian
dc.contributor.authorZydroń, Adam
dc.contributor.authorKayzer, Dariusz
dc.date.access2025-11-13
dc.date.accessioned2025-11-13T09:50:11Z
dc.date.available2025-11-13T09:50:11Z
dc.date.copyright2022-12-30
dc.date.issued2023
dc.description.abstract<jats:p>The price of dwellings is determined by a number of attributes among which location factors are usually the most important. Comprehensive analyses of the real estate market should take into account a broad spectrum of attributes including economic factors, physical, neighborhood and environment characteristics. The primary objective of the study was to answer the question of what determinants affect transaction prices within the housing market in Poznań. The analysis was performed on the basis of source data obtained from the Board of Geodesy and Urban Cadastre GEOPOZ in Poznań. In our study, we used two research regression methods: ordinary least squares and geographically weighted regression. The estimated models made it possible to formulate specific conclusions related to the identification of local determinants of housing prices in the Poznań housing market. The results of the study confirmed that the use of the proposed techniques makes it possible to identify attributes relevant to the local market, and, moreover, the use of spatial analysis leads to an increase in the quality of the description of the characteristics of the analyzed phenomenon. Finally, the results obtained indicate the diversity of the analyzed market and highlight its ambiguity and complexity.</jats:p>
dc.description.accesstimeat_publication
dc.description.bibliographyil., bibliogr.
dc.description.financepublication_act
dc.description.financecost10350,00
dc.description.if3,2
dc.description.number1
dc.description.points70
dc.description.versionfinal_published
dc.description.volume12
dc.identifier.doi10.3390/land12010125
dc.identifier.eissn2073-445X
dc.identifier.urihttps://sciencerep.up.poznan.pl/handle/item/5865
dc.identifier.weblinkhttps://www.mdpi.com/2073-445X/12/1/125
dc.languageen
dc.pbn.affiliationenvironmental engineering, mining and energy
dc.relation.ispartofLand
dc.relation.pagesart. 125
dc.rightsCC-BY
dc.sciencecloudnosend
dc.share.typeOPEN_JOURNAL
dc.subject.enproperty market
dc.subject.enhedonic price model
dc.subject.endwelling prices
dc.subject.enregression analysis
dc.subject.enlocational indicators
dc.titleAssessing the Impact of Selected Attributes on Dwelling Prices Using Ordinary Least Squares Regression and Geographically Weighted Regression: A Case Study in Poznań, Poland
dc.title.volumeSpecial Issue Territorial Infrastructures, Real Estate and Socio-Economic Impacts
dc.typeJournalArticle
dspace.entity.typePublication
oaire.citation.issue1
oaire.citation.volume12